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Still they say they were pushed by changes in The American Recovery and Reinvestment Act, which imposes limits on pay and bonuses and places restrictions on hiring foreign nationals and training programs.

For instance, New York-based Signature Bank CEO Joseph DePaolo said the restrictions would make it difficult to recruit and retain "highly talented banking professionals throughout the metropolitan New York area."
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I see, otherwise they may go to China and get $25k/year. No, we don't want that.
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